Blue Cross & Blue Shield of Georgia, Inc. v. Deal

Blackburn, Presiding Judge.

In this action concerning distribution of shares in a newly formed for-profit corporation, the Commissioner of Insurance of the State of Georgia, Blue Cross & Blue Shield of Georgia, Inc., and Cerulean Companies, Inc. appeal the trial court’s reversal of an order by the Commissioner finding that Harrell Tiller and a class of other plaintiffs similarly situated 1 were not entitled to a declaratory judgment that they owned shares of stock in Cerulean, the new corporation. As the Superior Court of Richmond County failed to follow the guidance of our Supreme Court in…